US hotel valuations: up, up and away!

Bookmark and Share
 

20 December 2011
By Jeff Higley
Editorial Director
jeff@hotelnewsnow.com
Story Highlights
  • HVS projects a 28% increase in per-room hotel values for 2011.
  • Hotel values in New York and San Francisco will surpass US$500,000 per room by 2015, Steve Rushmore told attendees of his company’s Caribbean Hotel Investment Conference & Operations Summit.
  • Rushmore said hotel prices should increase as potential buyers anticipate higher net income levels for assets they acquire.

HVS founder Steve Rushmore predicts sale prices for hotel assets could top US$150,000 per room by 2015. The per-room value is expected to be US$84,000 at the end of 2011.
Want to continue reading? This exclusive content is available only to paid subscribers of the Hotel Investment Barometer.

The Hotel Investment Barometer is brought to you by HotelNewsNow.com, a division of STR. The Barometer provides subscribers with the latest hotel real-estate transaction news, including information from city and county records, SEC filings and other sources.

The Hotel Investment Barometer, which will predominantly cover the U.S. hotel transaction market, provides in one spot the status of two dozen metrics that real-estate pros need to know. Also included: a listing of some of the latest transactions, hotel openings, foreclosures and signed management contracts.
Already a subscriber? Please login below.
Log In

Forgot username or password?
Having trouble subscribing?

Not a paid subscriber to the Hotel Investment Barometer? If you are already a registered member on HotelNewsNow.com, please log in below. If not, please proceed directly to the registration page. HyperLink

Click here to purchase a Hotel Investment Barometer subscription
(you will be directed to the STR/STR Global secure servers to purchase).

Click here to view sample content from the Hotel Investment Barometer.